Author name: Commodities Market Writer

Traders are holding onto one of Europe’s most popular interest-rate bets, even though it’s been pushed off course time and again this year.

US technology stocks were set to slump, tracking a rout in global semiconductor shares as concerns over artificial intelligence spending were compounded by rising competition from China.

Unite Group Plc is planning to sell as many as 20,000 student dorms as the landlord reshapes its portfolio to focus on the UK’s top universities as the country’s wider higher education market contends with a series of challenges.

Man Group Plc hit a 16 year high after the company’s assets jumped to a record in the first half of the year as clients poured money into the firm’s long-only investment strategies and strong performance gains helped drive growth.

Empty supertankers are heading to Egypt’s Mediterranean port of Sidi Kerir to collect Saudi crude as observable traffic at the kingdom’s key Red Sea export hub dwindles following threats from Houthi militants.

Unilever Plc lifted its outlook after sales rose more than expected in the second quarter, as consumers in key markets including the US and India snapped up its Dove soap.